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Textile industry pins high hopes on Union budget The council has also sought procedural simplification by Tax Collected at Source (TCS) and concessional tax regime (CTR) for expansion to boost investment in the sector. Share Via Email   |  A+A A- AEPC has proposed enhancing the interest equalization scheme to all apparel exporters and not just the MSMEs. By Express News Service CHENNAI: The textile industry, which has been crippled by the Covid-19 pandemic, has shown good signs of recovery in the last few months and now has a lot of expectations from the upcoming budget. The anti-Chi...

January 21, 2021 AEPC launches virtual exhibition platform to find way around Covid challenges Indian apparel and fabric exporters must aim to capture a double-digit share of the world apparel market, from its current level of 5-6 per cent, through upskilling and use of latest technologies, Vice-President M Venkaiah Naidu has said. Inaugurating the 24x7x365 virtual exhibition platform of the Apparel Export Promotion Council (AEPC) on Thursday, Naidu said that this effort, together with the support of the Textile Ministry, will boost Indian apparel exports. “We should soon aspire to reach a ...